I’m not investing so this isn’t costing me anything, but I hope — nay PRAY — he’s onto something real.
Power as cheap and as environmentally safe as he promises would change the world within our lifetimes. It would be the greatest boon to humanity since the invention of the plow.
What I don’t sense is a scam. I believe he has hard science behind his invention and the science is working, just not as fast or as efficiently as he would like. OK, no worries, first generation devices are always crude.
What I do sense is a man who knows he has the tail end of something major, and who is determined to not only get the credit, he wants to get the cash.
That means he’s not going to give away any clues that might allow a competitor to jump the gun on him, tweak a few parts and then rush a patent through a paid-off bureaucracy. In this spat with Defkalion, I sense a bit of personal animosity (Hey, he’s Italian) and a willingness to do a subtle mischief to a gadfly competitor. I don’t really have a problem with that, either.
You’re right though — time will tell.
Has Rossi been proved a fraud? No. has Rossi been proved genuine? No.
How can he be evaluated with one unit sold to who knows and they aren't talking...yet.
With all the conflicting comments from Rossi he personally is treated either as a messiah or mountebank so the truth will have to be told by his invention and right now he has his hands around its throat.
At best, the e-cats are voodoo, sometimes “working” for reasons that are as beyond Rossi as they are beyond anyone else, sometimes failing.
The supposed 1-MW test was a failure of a herd of e-cats.
Hope over rational evaluation is what makes successful scams work.